Compare two stocks
IVZ and PNC clearly differ on 1 of 19 forces. The widest gap is emerging markets: in weeks when emerging-market stocks beat the S&P 500 by 1 percentage point, IVZ typically moved +0.37% and PNC −0.26%.
| Economic force | IVZInvesco | PNCPNC Financial Services |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −2.8%−4.3% to −1.2%Clear | −2.5%−3.6% to −1.3%Clear |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +7.8%+4.3% to +11.3%Clear | +5.8%+3.4% to +8.3%Clear |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.22%−2.1% to +1.7%Not distinguishable from zero | +0.29%−1.1% to +1.7%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.79%−1.9% to +0.34%Not distinguishable from zero | −0.53%−1.2% to +0.11%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −1.2%−3.3% to +0.93%Not distinguishable from zero | −2.3%−4.8% to +0.12%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.24%−2.4% to +1.9%Not distinguishable from zero | −1.5%−3.5% to +0.44%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −1.0%−1.9% to +0.03%Not distinguishable from zero | −1.1%−1.8% to −0.38%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.07%−1.2% to +1.0%Not distinguishable from zero | +0.37%−0.57% to +1.3%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.25%−0.91% to +0.42%Not distinguishable from zero | −1.4%−2.2% to −0.61%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.53%−0.08% to +1.1%Not distinguishable from zero | −0.23%−0.83% to +0.37%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.05%−0.10% to 0.00%Tentative | −0.03%−0.08% to +0.02%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +0.48%−0.16% to +1.1%Not distinguishable from zero | −0.47%−1.3% to +0.40%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.84%+0.51% to +1.2%Clear | +1.1%+1.0% to +1.3%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.80%+0.52% to +1.1%Clear | +1.1%+1.0% to +1.3%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.14%−0.49% to +0.21%Not distinguishable from zero | −0.30%−0.59% to −0.01%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.6%−3.8% to +0.63%Not distinguishable from zero | −1.6%−3.3% to +0.04%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.13%−1.1% to +0.81%Not distinguishable from zero | +0.08%−0.66% to +0.82%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +0.37%+0.13% to +0.62%Tentative | −0.26%−0.49% to −0.03%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.11%−0.06% to +0.29%Not distinguishable from zero | +0.06%−0.10% to +0.21%Not distinguishable from zero |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.